China produced 29.05 million electric bicycles (e-bikes) in 2014, basically equal with that for 2013, according to the Ministry of Industry and Information Technology.
Meanwhile, the output of human-powered bicycles dropped 0.9 percent year on year to 62.02 million units.
In December, the output of electric bicycles and human-powered bicycles declined 1.7 percent and 0.4 percent year on year, to 2.74 million units and 5.67 million units respectively.
In 2014, China’s bicycle manufacturing industry witnessed a year-on-year two percent rise in value of export delivery, with sales-output ratio at 98.1 percent. In December, the value of export delivery grew 0.9 percent year on year, and the sales-output ratio was 94.8 percent.
China’s large bicycle manufacturers, each with more than 20 million yuan of annual business revenue, saw their total main operating revenue rise 10.3 percent year on year in 2014, their total gross profit grow 16.1 percent year on year, and their total tax payments increase 10.1 percent year on year. Enditem
Editor and translator: Xuefei Chen Axelsson 编译陈雪霏